Will The World’s Largest Oil Company Cut Its Dividend?
It is becoming increasingly clear that the ongoing oil demand destruction, COVID-19 lockdowns and financial crisis are going to significantly impact Saudi Arabia.
It is becoming increasingly clear that the ongoing oil demand destruction, COVID-19 lockdowns and financial crisis are going to significantly impact Saudi Arabia.
The historical adage of financial analysts, pension funds and institutional investors never to sell Shell has been broken.
The global oil sector is reeling from a combination of negative oil prices, storage overload, demand destruction, and calls for a renewable energy revolution in the post-COVID-19 era.
The global downturn, caused by the effects of Coronavirus, combined with a continuous oil and gas glut for 2020, is putting a major damper on offshore gas projects worldwide.
The outcome of the G20-OPEC+ oil production cut discussion is very disappointing.
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